HSBC Amanah Malaysia Bhd has touched more than 50,000 credit cards in circulation. This was achieved in less than a year since the MPower Credit Card-i was introduced to the market, the full-fledged Islamic bank wholly-owned by HSBC Bank Malaysia Bhd said in a statement Friday.
All Posts Tagged ‘islamic banking’
Maveric Brings Software Testing Expertise To Malaysia
Maveric Systems, India’s independent software testing company, will invest US$1 million (RM3.5 million) over the next three years to launch its maiden operation in Malaysia.
Bank Islam To Continue To Launch Innovative Products
Bank Islam Malaysia Bhd expects to be launching innovative products both for the individual consumer and corporate sector in keeping with the growing demand for Islamic financial products.
IBFIM, FPAM To Organise Islamic Financial Planning Conference On November 9
The Islamic Banking and Finance Institute Malaysia (IBFIM) and the Financial Planning Association of Malaysia (FPAM) will be organising the inaugural Islamic Financial Planning and Wealth Management Conference 2009 (IFPC) to be held this November 9 and 10 at the Sime Darby Convention Centre here.
IFSB To Hold Financial Stability Framework Conference
The Islamic Financial Services Board (IFSB), Islamic Development Bank (IDB) and Islamic Research and Training Institute will jointly hold a conference on “Emerging Financial Stability Framework” in London on July 1.
The First Ever France and Malaysia Pavilions Confirmed For the 5th Annual World Islamic Funds & Capital Markets Conference
The continued growing international interest in the 5th Annual World Islamic Funds and Capital Markets Conference (WIFCMC 2009), the world’s largest gathering of Islamic investment leaders, is more evident this year as more international jurisdictions become involved.
Al Rajhi Bank Awarded an International Islamic Banking Licence in Malaysia
Al Rajhi Bank KSA, the largest Islamic bank in the world has recently been awarded its second banking license in Malaysia. The new license, an International Islamic Banking license issued under the Malaysia International Islamic Financial Centre (MIFC) was granted to Al Rajhi Bank KSA to operate as a branch office (ARIIB).
Experts Call For Joint Action to Tap Opportunities In Islamic Finance
Senior executives and strategists from the banking sector in Malaysia attending the ongoing Malaysia Services Exhibition (MSE 2009) in Dubai have said they are eager to co-operate with governments and financial institutions in and around the Middle East in tapping the rapidly increasing opportunities in Islamic finance.
Standard Chartered Saadiq voted ‘Best International Islamic Bank 2008’
Standard Chartered Saadiq, the Bank’s Islamic banking unit, has been named ‘Best International Islamic Bank’ for 2009 by Euromoney. A number of significant deals the Bank closed throughout 2008 including the first Sovereign Deal for the Government of Pakistan and a Project Finance Deal for Al Ma’aden Phosphate Company, contributed to the win.